Washington § 23B.13.240 Share restrictions.

Washington Statutes

§ 23B.13.240 — Share restrictions.

Washington § 23B.13.240

Title 23BWASHINGTON BUSINESS CORPORATION ACT

Ch. 23B.13DISSENTERS' RIGHTS

This text of Washington § 23B.13.240 (Share restrictions.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 23B.13.240 (2026).

Text

(1)The corporation may restrict the transfer of uncertificated shares from the date the demand for payment under RCW 23B.13.230 is received until the proposed corporate action is effected or the restriction is released under RCW 23B.13.260 .

(2)The person for whom dissenters' rights are asserted as to uncertificated shares retains all other rights of a shareholder until the effective date of the proposed corporate action.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) The corporation may restrict the transfer of uncertificated shares from the date the demand for payment under RCW 23B.13.230 is received until the proposed corporate action is effected or the restriction is released under RCW 23B.13.260 .

(2) The person for whom dissenters' rights are asserted as to uncertificated shares retains all other rights of a shareholder until the effective date of the proposed corporate action.